Bel Fuse Inc. (BELFB) Stock Price & Analysis
Bel Fuse Inc. (BELFB) closed at USD 199.81 on Thursday, October 22, 2026, down 9.40% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 199.81; the Oct 22, 2026 session ranged USD 199.24–213.97 on volume of 147,953 shares. Market capitalization is —, with a 52-week range of USD 129.94–335.29 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:21 UTC.
Also available as compact Markdown for AI agents: nexqual.com/BELFB.md
Key facts (BELFB)
- Last four reported quarters (through Jun 30, 2026): revenue $744M, net income $53.3M (7.2% margin), free cash flow $73.3M (SEC filings).
- 1 of 80 tracked superinvestors hold BELFB (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $675K; 4 not under a Rule 10b5-1 plan ($675K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y +29.1% vs S&P 500 +14.9%; 5Y +1585.6% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 2.62, revenue estimate $216M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (BELFB)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $543M | $654M | $640M | $535M | $675M | $744M |
| Gross profit | $134M | $183M | $216M | $202M | $264M | — |
| Operating income | $31.3M | $65.1M | $88.0M | $64.3M | $111M | $118M |
| Net income | $24.8M | $52.7M | $73.8M | $41.0M | $61.5M | $53.3M |
| Free cash flow | -$4.8M | $31.4M | $96.2M | $60.0M | $68.6M | $73.3M |
| Gross margin | 24.7% | 28.0% | 33.7% | 37.8% | 39.1% | — |
| Operating margin | 5.8% | 10.0% | 13.8% | 12.0% | 16.4% | 15.9% |
| Net margin | 4.6% | 8.1% | 11.5% | 7.7% | 9.1% | 7.2% |
| Revenue growth | +16.7% | +20.4% | -2.2% | -16.4% | +26.3% | — |
| Cash + short-term investments | $61.8M | $70.3M | $89.4M | $68.3M | $57.8M | — |
| Total debt | $113M | $95.0M | $60.0M | $288M | $198M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (BELFB)
Superinvestors (SEC 13F-HR, Q2 2026) (BELFB)
1 of 80 tracked investors hold BELFB. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 0.09% | $10.9M | Reduced -24.2% |
Insider sales (SEC Form 4, open-market, last ~7 months) (BELFB)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-14 | Vellucci Vincent | Director | 1,000 | $235K | 11.9% | No | Too little history (no open-market trades in 2025) |
| 2026-09-02 | Vellucci Vincent | Director | 393 | $96K | 4.5% | No | Too little history (no open-market trades in 2025) |
| 2026-08-12 | Gilbert Peter E | Director | 500 | $146K | 2.7% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-06-01 | Kozlovsky Suzanne | Global Head of People | 731 | $198K | 5.7% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (BELFB)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | JP Morgan | Target lowered | Overweight | $380 → $330 |
| 2026-07-31 | JP Morgan | Target raised | Overweight | $370 → $380 |
Total return (dividends reinvested) (BELFB)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +29.1% | +1585.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +29.3% | +75.7% |
| Volatility (annualized) | 55.9% | 51.1% |
| Max drawdown | -40.0% (Jun 2026→Oct 2026) | -35.6% (Jun 2026→Oct 2026) |
BELFB revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Aerospace Defense & Rugged Solutions | $110.5M | 52.4% | +20.3% |
| Industrial Technology & Data Solutions | $100.2M | 47.6% | +31.1% |
| Total revenue | $210.7M | 100% | — |
BELFB revenue by product line (quarter ended Sep 30, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Power Solutions & Protection | $94.4M | 52.7% | +93.9% |
| Connectivity Solutions | $61.9M | 34.6% | +11.0% |
| Magnetic Solutions | $22.7M | 12.7% | +18.0% |
| Total revenue | $179.0M | 100% | — |
BELFB revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| North America | $137.9M | 65.4% | +23.0% |
| EMEA | $55.2M | 26.2% | +34.8% |
| Asia | $17.6M | 8.4% | +15.3% |
| Total revenue | $210.7M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
BELFB suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Enercon Technologies | “Our ability to maximize value from the Enercon acquisition depends on continued successful integration, sustained customer and supplier relationships, and effective execution of our strategic initiatives.” |
Quoted from the company's 10-K filed Feb 24, 2026.
BELFB company outlook (results filed Jul 29, 2026)
- “In addition, the team completed an equity offering, raising net proceeds of $441.6 million to pay down debt and support the remaining 20% of Enercon in early 2027, as well as future M&A and growth initiatives." "Bookings remained healthy, and assuming the continuation of current market conditions, we expect third-quarter 2026 sales of $205 million to $225 million and gross margin of 39% to 41%.”
Analysts expect $215.7M for the current quarter, 0.3% above the midpoint of the company's guidance ($215.0M).
Quoted word-for-word from the SEC 8-K results press release.
BELFB analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.62 | $2.34 | +11.8% | $215.7M | 8 |
| Next quarter (ends Dec 2026) | $2.38 | $2.17 | +9.9% | $205.7M | 8 |
| Current fiscal year (ends Dec 2026) | $9.86 | $8.58 | +14.9% | $810.7M | 7 |
| Next fiscal year (ends Dec 2027) | $10.71 | $9.84 | +8.9% | $879.7M | 8 |
Key Statistics (as of October 23, 2026 at 09:21 UTC)
| Price | USD 199.81 |
|---|---|
| Change | ▼ 9.40% (down) |
| Previous Close | USD 199.81 |
| Open | USD 199.81 |
| Day Range | USD 199.24 – 213.97 |
| 52-Week Range | USD 129.94 – 335.29 |
| Volume | 147,953 shares |
| Market Cap | — |
| Exchange | NMS |
Technical Analysis (BELFB)
Nexqual's technical model rates BELFB "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:21 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 31.31 (neutral) |
| vs SMA50 | Below (USD 245.89) |
| MACD | -10.92 (negative) |
Earnings (BELFB)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 2.62 |
| Revenue Estimate | $215.73M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.9 vs est 2.39 ▲ beat |
| 2026-03-31 | USD 1.81 vs est 1.65 ▲ beat |
| 2025-12-31 | USD 1.98 vs est 1.66 ▲ beat |
| 2025-09-30 | USD 1.74 vs est 1.61 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Financials & Fundamentals (BELFB)
| Total Revenue | $744.09M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +25.20% |
| Gross Margin | +39.52% |
| Operating Margin | +18.25% |
| Profit Margin | +7.21% |
| ROE | +10.41% |
| Debt / Equity | 0.03 |
| Current Ratio | 4.48 |
| Total Cash | $306.11M |
| Total Debt | $34.26M |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Ownership (BELFB)
| Insider Ownership | +1.33% |
|---|---|
| Institutional Ownership | +107.61% |
| Shares Outstanding | 12.32M |
| Float | 13.64M |
| Short % of Float | +7.74% |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
From Bel Fuse Inc.'s Latest SEC 10-K Filing (filed 2026-02-24)
Key Strengths & Strategy (as disclosed to the SEC)
- At the closing, Bel paid an aggregate of approximately $325.6 million in cash in respect of the cash purchase price (after giving effect to estimated adjustments taken at closing including for Enercon's cash, indebtedness, net working capital and unpaid transaction costs, and subject to further adjustment post-closing).
- On February 1, 2023, Bel closed on an €8.0 million (approximately $8.8 million as of the February 2023 closing) noncontrolling (one-third) investment in innolectric AG ("innolectric"), a Germany-based business in the field of on-board charging for eMobility applications.
Legal & Regulatory Risks (Item 1A, quoted)
- We may be sued by third parties for alleged infringement of their proprietary rights and we may incur defense costs and possibly royalty obligations or lose the right to use technology important to our business.
- We are subject to taxation in multiple jurisdictions. As a result, any adverse development in the tax laws of any of these jurisdictions or any disagreement with our tax positions could have a material adverse effect on our business, consolidated financial condition or consolidated results of operations.
- Our results of operations may be materially and adversely impacted by environmental and other regulations.
- We are subject to, and may continue to be subject to, incremental costs, risks, and regulations associated with global environmental and sustainability initiatives. Evolving expectations relating to environmental, social and governance considerations expose us to potential liabilities, increased costs, reputational harm and other adverse effects on our business.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:21 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt